Common use of INITIAL SELLER SHARE Clause in Contracts

INITIAL SELLER SHARE. The "INITIAL SELLER SHARE" of the Trust Property was the sum which remains of the Trust Property after deduction of the Initial Funding Share. As at 25th July, 2000, the Initial Seller Share was (pound)64.75 and the "INITIAL SELLER SHARE PERCENTAGE" was equal to 100 per cent. minus the Initial Funding Share Percentage, that is to say, 64.75 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing was determined immediately after the Initial Closing Date. References herein to the "SELLER

Appears in 1 contract

Samples: Mortgages Trust Deed (Holmes Financing No 6 PLC)

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INITIAL SELLER SHARE. The "INITIAL SELLER SHARE" SHARE of the Trust Property was the sum which remains remained of the Trust Property after deduction of the Initial Funding Share. As at 25th July, 2000, the Initial Seller Share was (pound)64.75 and the "INITIAL SELLER SHARE PERCENTAGE" PERCENTAGE was equal to 100 per cent. minus the Initial Funding Share Percentage, that is to say, 64.75 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing was determined immediately after the Initial Closing Date. References herein to the "SELLER.

Appears in 1 contract

Samples: Mortgages Trust Deed (HOLMES FINANCING (No. 9) PLC)

INITIAL SELLER SHARE. The "INITIAL SELLER SHARE" SHARE of the Trust Property was the sum which remains of the Trust Property after deduction of the Initial Funding Share. As at 25th July, 2000, the Initial Seller Share was (pound)64.75 [POUND]64.75 and the "INITIAL SELLER SHARE PERCENTAGE" PERCENTAGE was equal to 100 per cent. minus the Initial Funding Share Percentage, that is to say, 64.75 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing was determined immediately after the Initial Closing Date. References herein to the "SELLER.

Appears in 1 contract

Samples: Mortgages Trust Deed (HOLMES FINANCING (No. 9) PLC)

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INITIAL SELLER SHARE. As at 25th July, 2000, the Seller Share was [POUND]64.75. The "INITIAL SELLER SHARE" SHARE was the sum which remained of the Trust Property was at the sum which remains of the Trust Property Initial Closing Date after deduction of the Initial Funding Share. As at 25th July, 2000, the Initial Seller Share was (pound)64.75 and the "The INITIAL SELLER SHARE PERCENTAGE" PERCENTAGE was equal to 100 per cent. minus the Initial Funding Share Percentage, that is to say, 64.75 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage was determined on the Initial Closing was determined immediately after the Initial Closing Date. References herein to the "SELLER.

Appears in 1 contract

Samples: Mortgages Trust Deed (Holmes Funding LTD)

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